No Result
View All Result
Thursday, October 9, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Updated: Libya imports 312 k sheep and cows for Eid of Sacrifice

bySami Zaptia
August 10, 2019
Reading Time: 2 mins read
A A

By Sami Zaptia.

The Tripoli government has said that it has imported 317,107 rams and cows in time for the Eid of Sacrifice next Sunday (Photo: From archives by Sami Zaptia).

London, 10 August 2019:

The Faiez Serraj-led Libyan Presidency Council and Government of National Accord, has announced that it has imported a total of 312,878 sheep and 4,229 cows totalling 317, 107 animals up to 10 August.

Contrary to our earlier article stating that these figures only covered Western Libya and that Eastern Libya, under the nominal control of the Interim Government, had made its own import arrangements, the Serraj government has confirmed that these updated figures include the landings of livestock at Tripoli, Khoms, Misrata, Benghazi and Tobruk ports..

It will be recalled that the Tripoli Ministry of Economy had reported last year that Libya’s Farmers Union estimated that local production will only produce about 800,000 animals which would only meet about 50 percent of needs, and therefore, it expects to import about another 800,000 heads at a minimum weight of 45 kg each – at an estimated total cost of Euro 130 million.

RELATED POSTS

Attorney General detains some of the importers of 300 tons of sugar unfit for human consumption

Aldabaiba proposes new Road Map for holding elections, loans and land for youth and money for healthcare for war wounded

The animals will be made available for the Eid Al-Adha (sacrifice) feast holiday beginning Sunday. In Islam, the sacrifice of an animal is discretionary for those who can afford it. As is in the Old Testament, the sacrifice of a ram is to commemorate the prophet Abraham (Ibrahim) offering his son Isaac as a sacrifice, only for god to substitute at the last minute Isaac with a ram instead.

There has been public disquiet in Libya this year – which seems to happen every year – at the prices of sacrificial rams – which have to be of a certain age. The general high cost of living, including the black-market rate of hard currency, the late payment of state-sector salaries, as well as the bank cash withdrawal limits of about LD 1,000, have made it near impossible for many families to purchase a ram this year.

Indeed, many Libyans are calling for a boycott by buyers against what they see as exploitative animal stock traders. With appropriate home-bred sacrificial rams are ranging in price from LD 1,000 to LD 1,800 – this far exceeds the bank cash withdrawal limit of LD 1,000.

A local bank, Sahary bank, has gone so far as to offer an interest free loan payable over a year specifically for the purchase of the Eid sacrificial ram. This is a first such service to be offered by the Libyan banking sector.

It must be pointed out that whilst most Libyans prefer locally bred rams, which are the most expensive, the Libyan state has arranged for the import of foreign-bred rams which are traded at a lower price ranging from 20-30 percent.

 

https://www.libyaherald.com/2019/07/28/many-abandoning-eid-ram-sacrifice-due-to-cash-crisis-and-high-cost-of-living/

 

https://www.libyaherald.com/2019/07/23/sahary-bank-offers-loan-to-buy-eid-sacrifice/

 

https://www.libyaherald.com/2018/05/18/libya-to-introduce-online-booking-system-and-app-for-eid-rams-expects-to-import-800000-heads-at-euro-130-m/

 

 

Tags: cowsEid al-Adha feast of sacrificeEid rams sheepfeaturedimport

Related Posts

NESDB discusses food security and social protection with World Food Programme
Business

National Social and Economic Development Board organises dialogue on economic policy alignment

October 9, 2025
Minister of Industry meets the Committee for Localisation of Oil Materials and Equipment Industry
Business

Ministry of Industry and Minerals discusses establishment of cement factory with Hungarian company Rotary International Ltd

October 9, 2025
Benghazi Chamber participates in workshop on the blue economy
Business

Benghazi Chamber of Commerce and Libyan Italian Chamber of Commerce discuss cooperation, strengthening economic relations between the two countries

October 9, 2025
LBC leading delegation to Miami for America’s Food and Beverage Show – 18 to 20 September
Business

LBC meets Serbian Ambassador to discuss private sector cooperation and the Libyan Serbian Business Forum to be held in Belgrade at the end of 2025

October 9, 2025
CBL receives results from meetings with international banks
Business

CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September

October 8, 2025
CBL receives results from meetings with international banks
Business

CBL announces that first ‘‘Absolute Speculative’’ Certificates of Deposit will be issued to banks from 12 October

October 8, 2025
Next Post
Tripoli government calls on ICC to investigate Murzuk killing of dozens of civilians attributed to Hafter’s forces

Tripoli government calls on ICC to investigate Murzuk killing of dozens of civilians attributed to Hafter's forces

Tripoli government agrees 4-point conditional Eid truce

ADVERTISEMENT

Top Stories

  • CBL reduces annual hard currency transfer limit for individuals

    Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes

    0 shares
    Share 0 Tweet 0
  • Eni North Africa resumes exploratory drilling in offshore area D (mn41) northwest of Libya – after 5-year hiatus

    0 shares
    Share 0 Tweet 0
  • Libya and UAE discuss resumption of flights – Airline delegations to visit Libya soon to discuss flight resumption dates

    0 shares
    Share 0 Tweet 0
  • Bilateral Chamber to hold high-level U.S.-Libya Ministerial Roundtable in Houston on 13 October

    0 shares
    Share 0 Tweet 0
  • Air traffic increasing over Kufra Airport airspace – up to 100 international airliners per day

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

National Social and Economic Development Board organises dialogue on economic policy alignment

Ministry of Industry and Minerals discusses establishment of cement factory with Hungarian company Rotary International Ltd

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.